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Nonprofit · EIN 88-2349324

TNPO2 FOUNDATION

Tax-exempt · SACRAMENTO, CA 95811

Financials

$3.8M$2.7M2022$3.3M$4M2023
Revenue Expenses · by fiscal year end
Financials of TNPO2 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$3,263,157$3,969,950-$706,793$385,672$12,837$372,835
December 31, 2022990$3,763,990$2,684,362$1,079,628$1,293,090$213,462$1,079,628
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$3,263,157
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$265,000
Compensation of officers, directors and key employees
$89,860
Salaries, compensation and benefits (total)
$94,054
Professional fundraising fees
$0
Legal fees
$105,419
Accounting fees
$39,125
Occupancy
$1,180
Program services (functional)
$3,724,604
Management and general (functional)
$245,346

Balance sheet and other

Total assets, start of year
$1,293,090
Total assets, end of year
$385,672
Total liabilities, end of year
$12,837
Net assets, end of year
$372,835
Net assets without donor restrictions
$372,835
Gross receipts
$3,263,157
Employees
2
Volunteers
4
Year formed
2022
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
PAUL VOLDENTREASURER (resigned 11/23)
Trustee or director, Officer
10$46,400
Megan CapobiancoSecretary (resigned 10/23)
Trustee or director
20$43,460
YIWEI SHEPRESIDENT
Trustee or director, Officer
20$0
SARA OLSENDIRECTOR
Trustee or director
1$0
JAMES HAYWARDDIRECTOR
Trustee or director
5$0
DAVID TREUMANNDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2022: 5 people
NameTitleHours / weekCompensation
PAUL VOLDENTREASURER & SECRETARY
Trustee or director, Officer
20$13,200
YIWEI SHEPRESIDENT
Trustee or director, Officer
50$0
SARA OLSENDIRECTOR
Trustee or director
1$0
JAMES HAYWARDDIRECTOR
Trustee or director
1$0
DAVID TREUMANNDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1401 21ST STREET SUITE 4283, SACRAMENTO, CA 95811-5226
In care of
% ALEXANDRA OURUSOFF
Principal officer (990 for 2023)
Yiwei She, 1401 21st Street4283, Sacramento, CA 95811
Signed the 990
Yiwei She, President
Phone
(415) 421-7555
Return prepared by
Baker Tilly Advisory Group LP

California records

California keeps its own records of charities and corporations. Search them by EIN 88-2349324 or by the name TNPO2 FOUNDATION.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TNPO2 Foundation was formed for the purpose of giving grants and conducting certain research projects through joint collaborative agreements with scientific and medical research organizations that researched TNPO2 and similarly rare mutations, developed potential new treatments for specific individuals with such mutations, developed new models that could accelerate therapy development, and advanced the body of knowledge related to genetic mutations and their potential cures.

990 for the year ended December 31, 2023

Program accomplishments

  • Contracted Medical Research: Assisted with the discovery of cures for rare disorders by engaging in entities that do not perform research for tailor-made treatments and single subject clinical trails ("n-of-1" trails).
    Expenses $3,459,604
  • Grantmaking: TNPO2 Foundation furthered its mission to accelerate the development of new treatments for patients diagnosed with a TNPO2 mutation or similarly rare monogenic diseases by making grants to organizations engaged in research related to rare monogenic diseases.
    Expenses $265,000 · grants $265,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-2349324
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$385,672
Income (IRS master file)
$3,263,157

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$3,263,157$3,969,950$385,672XML
990December 2022$3,763,990$2,684,362$1,293,090XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-2349324).

Questions about TNPO2 FOUNDATION

What is the EIN of TNPO2 FOUNDATION?
The employer identification number (EIN) of TNPO2 FOUNDATION is 88-2349324.
Is TNPO2 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to TNPO2 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TNPO2 FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TNPO2 FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TNPO2 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of TNPO2 FOUNDATION?
The 990 for the year ended December 31, 2023 names Yiwei She.
Who are the officers and directors of TNPO2 FOUNDATION?
The 990 for the year ended December 31, 2023 lists 6 people; 2 received compensation from the organization, the highest $46,400 (PAUL VOLDEN, TREASURER (resigned 11/23)).
How much revenue does TNPO2 FOUNDATION have?
On its 990 for the year ended December 31, 2023 it reported revenue of $3,263,157, expenses of $3,969,950 and total assets of $385,672 at year end.

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